New Fortress Energy (NFE) EBT (2018 - 2026)
New Fortress Energy (NFE) posted quarterly EBT of -$369.1 million for Q1 2026, down 147.1% year-over-year from $783.6 million in Q1 2025, and up 55.41% quarter-over-quarter from -$827.7 million in Q4 2025.
New Fortress Energy (NFE) EBT (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported EBT for 9 consecutive years, with -$369.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT fell 147.1% year-over-year to -$369.1 million; the TTM figure through Mar 2026 stood at -$2.0 billion (down 403.7% YoY), while the FY2025 annual figure was -$1.8 billion, down 916.25% from the prior year.
- EBT grew to -$369.1 million in Q1 2026 per NFE's latest filing, from -$827.7 million in the prior quarter.
- Across five years, EBT topped out at $250.5 million in Q4 2023 and bottomed at -$827.7 million in Q4 2025.
- Historically, EBT has averaged -$67.0 million across 5 years, with a median of $71.6 million in 2024.
- Annual changes were most pronounced in 2022 — EBT soared 5528.51% — and 2025, when it tumbled 2016.82%.
- New Fortress Energy's EBT stood at $186.4 million in 2022, then jumped by 34.37% to $250.5 million in 2023, then slumped by 173.7% to -$184.6 million in 2024, then tumbled by 348.38% to -$827.7 million in 2025, then jumped by 55.41% to -$369.1 million in 2026.
- Business Quant data shows NFE's EBT at -$369.1 million in Q1 2026, -$827.7 million in Q4 2025, and -$257.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.17 Bn |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 1.45 Bn |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 1.87 Bn |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 2.72 Bn |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 1.05 Bn |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 1.27 Bn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 1.09 Bn |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 1.00 Bn |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 4.01 Bn |
| 10 | New Fortress Energy | 87.85 Mn | -412.29 Mn | 102.12 Mn | -380.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -380.92 Mn |
| Mar 31, 2026 | -369.06 Mn |
| Dec 31, 2025 | -827.68 Mn |
| Sep 30, 2025 | -257.51 Mn |
| Jun 30, 2025 | -536.06 Mn |
| Mar 31, 2025 | -149.36 Mn |
| Dec 31, 2024 | -184.59 Mn |
| Sep 30, 2024 | 13.43 Mn |
| Jun 30, 2024 | -74.62 Mn |
| Mar 31, 2024 | 71.55 Mn |
| Dec 31, 2023 | 250.48 Mn |
| Sep 30, 2023 | 87.04 Mn |
| Jun 30, 2023 | 133.15 Mn |
| Mar 31, 2023 | 170.55 Mn |
| Dec 31, 2022 | 186.41 Mn |
| Sep 30, 2022 | 97.94 Mn |
| Jun 30, 2022 | 107.96 Mn |
| Mar 31, 2022 | 141.27 Mn |
| Dec 31, 2021 | 165.64 Mn |
| Sep 30, 2021 | 1.74 Mn |